Bearish flow noted in NetApp with 1,881 puts trading, or 3x expected. Most active are May-24 92.5 puts and Apr-24 98 puts, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 2.66, while ATM IV is up over 3 points on the day. Earnings are expected on May 30th.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>